Michael Bloomberg net worth is $53.4 Billion. Also know about Michael Bloomberg bio, salary, height, age weight, relationship and more …

Michael Bloomberg Wiki Biography

Michael Rubens Bloomberg was born on 14 February 1942, in Boston, Massachusetts USA, of Jewish-Russian descent, and is a businessman and entrepreneur, a politician  as well as a philanthropist, but is probably best known as a former Mayor of New York City, a position he held from when he won his first election in 2002, until 2013.

So just how rich is Michael Bloomberg? According to sources, Michael’s net worth is estimated to be $53.4 billion as of mid-2017. Undoubtedly, most of Michael Bloomberg’s wealth has come from his business ventures, but which also ranks him as the richest US politician.

Michael Bloomberg’s family moved a lot when he was a child, until they finally settled down in the Medford suburb of Boston. Bloomberg attended Johns Hopkins University, from which he graduated with a degree in engineering in 1964, and then continued his studies at the Harvard Business School, where he earned a Master of Business Administration degree in 1966.

Bloomberg worked his way up steadily in the world of finance in the late 1960s, and became partnered with the investment bank Salomon Brothers in 1973, where he was the manager of systems development, including equity trading. However , Bloomberg was made redundant as the bank was purchased by the Phibro Corporation in 1981, at which time Bloomberg decided to establish his own company, Innovative Market Systems, and by 1982 it had its first clients, one of which was a division of Bank of America called Merrill Lynch Wealth Management. Merrill Lynch also made its first contribution to the company shortly afterwards, as it invested approximately $30 million in the Innovative Market Systems. Bloomberg already had a good basis to his net worth, and his own company certainly helped his wealth to rise.

The company eventually became Bloomberg LP, and over the years the company has expanded significantly and established over 310,000 terminals all around the world at the latest count. However, after establishing himself as a successful businessman, Bloomberg ventured into politics, and won his very first election for the position of the Mayor of New York City in 2002, on a platform that the city needed a person with proven business success to run it. Although he vacillated somewhat by having been a Democrat all his life but running on a Republican ticket – although unsurprisingly later declaring himself ‘independent’ – he was elected, and was eventually so successful that he was often mentioned as a possible Governor of the state, and even as a presidential candidate, but he went on to be re-elected twice as Mayor, in 2005 and 2009, and was ultimately assessed as one of the most able Mayors ever to hold the position.

When he ended his term in 2013, Michael Bloomberg devoted himself full-time to his contributions to philanthropy, but in 2014 decided to return to his company, which nevertheless had done very well during his Mayoral term. His acumen in business and politics has been acknowledged with a Gold Medal from The Hundred Year Association of New York, an honorary Doctor of Laws Degree from Harvard University, and most impressively the honorary title of Knight Commander of the Order of the British Empire , which was given to him by Queen Elizabeth II, a very rare honour for a non-British or Commonwealth subject.

Michael Bloomberg still devotes a lot of his time, and his wealth, to various charitable causes. Bloomberg established the Bloomberg’s Philanthropies Foundation, through which he has helped such organizations as World Health Organization, World Lung Foundation, Johns Hopkins Hospital, Centers for Disease Control and Prevention among many others. In 2009, Michael Bloomberg donated as much as $254 million to numerous non-profit organizations.

In his personal life, Michael Bloomberg was married to Briton Susan Brown from 1975-93, and they have two daughters. Since 2000, Bloomberg has been in a relationship with Diana Taylor, a New York banking superintendent.

IMDB Wikipedia $53.4 Billion 1942 200 Most Influential Philanthropists and Social Entrepreneurs (2017) 2007 2008 2009 5 ft 8 in (1.73 m) Award for Distinguished Leadership in Global Capital Markets (2003 Ban Ki-moon Bloomberg Bloomberg L.P. Bloomberg LP Bloomberg Television Boston Brighton Briton Susan Brown “Knight Commander of the Order of the British Empire” (2014 Business magnate Business_Finance Businessperson by Jefferson Awards) Charlotte (Rubens) Bloomberg Diana Taylor Diana Taylor (2000–) Emma Bloomberg Entrepreneur February 14 Finance Financial economics Georgina Bloomberg Harvard Business School Harvard Business School (1966) Harvard University Honorable Mayor Michael Bloomberg honorary degree in Public Service (Tufts University Honorary degree of Doctor of Humane Letters Honorary degree of Doctor of Humane Letters (Fordham University Investment Investment banking Jewish people Johns Hopkins University Johns Hopkins University (1964) Massachusetts Mayor Bloomberg Mayor Michael Bloomberg Mayor Michael R. Bloomberg Mayor of New York City Mayor of the New York City Medford High School Merrill Lynch Michael Bloomberg Michael Bloomberg Mayor Michael Bloomberg Net Worth Michael R. Bloomberg Michael R. Bloomberg Mayor Michael Rubens Bloomberg Mike Bloomberg Politician Queen Elizabeth II Queen Elizabeth II named Bloomberg) Richest Politicians Salomon Brothers The 39th most influential person in the world (2007 The Hundred Year Association of New York’s Gold Medal (2008) Thomas SecundaMerrill Lynch Time 100 U.S. Senator John Heinz Award for Greatest Public Service (2010 United States United States of America William Henry Bloomberg Yale School of Management

Michael Bloomberg Quick Info

Michael Bloomberg Quotes

• [on the NRA’s response to the Newtown, Conn. school massacre] Instead of offering solutions to a problem they have helped create, they offered a paranoid, dystopian vision of a more dangerous and violent America, where everyone is armed and no place is safe.
• The NRA is only powerful if you and I let them be powerful. I want the Congress to have to stand up and say, ‘I’m with the NRA and support killing our children’ or ‘No’. And if the answer is, ‘I’m going to take on that fight’, I’ve got their back.
• [on the passing of Elaine Kaufman] Elaine was a New York institution.

Michael Bloomberg Important Facts

• Sworn in as mayor of New York City [January 2002]
• Has frequently referred to Medford, Massachusetts as his birthplace. In a 2006 interview with The New York Times, his mother confirmed that he was actually born at St. Elizabeth’s Hospital in Boston’s Brighton neighborhood.
• Reportedly donated $100 million to his alma mater, Johns Hopkins University.
• Member of the Phi Kappa Psi fraternity at Johns Hopkins Univerisity
• Has a building named after him at his alma mater, Johns Hopkins University.
• Release of Bloomberg financial documents in June 2002 shows he lost $500,000 on his investment as exec producer of Focus (2001).
• He is the father of Georgina Bloomberg and Emma Bloomberg.
• Elected mayor of New York City. [November 2001]
• Founded Bloomberg Financial Markets [1981]

Michael Bloomberg Filmography

Michael Bloomberg Awards